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LEAGUES PARTNER WITH MOGL
updated 09/18/13 04:30 PM
Collaboration to Feed Hungry Families
The California and Nevada Credit Union Leagues has partnered with MOGL, the leading restaurant rewards platform, to pilot a program that will help feed hungry families in local communities while strengthening credit unions’ credit and debit card programs.

Members will have the opportunity to earn 10 percent cash back by using their credit or debit cards when they eat out at participating restaurants on MOGL. And as a bonus, for transactions of more than $20, a meal will be donated to a local community food bank via Feeding America.

The program uses merchant-funded rewards, allowing credit unions to provide additional benefits to their members at no additional cost, and can work in conjunction with a credit union’s existing card reward program. The cash back on spending, combined with the social good of the Meal for a Meal program, encourages members to reach for their credit union cards more often, resulting in increased loyalty and card usage.

“Partnering with a company such as MOGL will allow our member credit unions to continue to practice their philosophy of ‘People Helping People’—helping to eradicate hunger through the donation to food banks and supporting their communities,” said Tony Kitt, Leagues senior vice president of strategic innovation and planning.

"MOGL has always prided itself on offering a platform that supports local businesses and gives back to local communities,” said Jeff Federman, co-founder of MOGL. “There is no better financial institution to amplify that spirit than a credit union. We’re excited to have the opportunity to work hand in hand with such a dynamic network across California and Nevada.”

MOGL is the largest restaurant rewards platform in California, with close to 2000 restaurants enrolled. MOGL members have received more than $4 million in cash back, and its Meal for a Meal program has donated nearly 500,000 meals to Feeding America and its national network of food banks.

 
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SUPP. CAPITAL FOR RBC GAINS ADVOCATE updated 12/16/14 11:04 AM
McWatters Supports Model for CUs
National Credit Union Administration (NCUA) Board Member J. “Mark” McWatters recently said he supports including a supplemental capital provision in the agency's risk-based capital (RBC) rule to help credit unions meet the rule’s requirements.

CU DIRECT TO DONATE 20K TO CMN updated 12/16/14 11:03 AM
‘20 for 20’ Anniversary Campaign
CU Direct, the nation’s leading provider of lending, automotive, and strategic solutions for credit unions, is celebrating its 20th anniversary by holding a contest to donate $20,000 to one of the nation’s Children’s Miracle Network (CMN) hospitals.

NCUA MAY BE LIABLE FOR DATA BREACH updated 12/16/14 10:05 AM
Flash Drive with Member Info Lost
The National Credit Union Administration (NCUA) confirmed on Dec. 15 that a flash drive containing the personal information of Palm Springs FCU member was lost during a recent audit. The loss of data includes names, addresses, Social Security numbers, and account information.

PREPARE FOR HEALTH CARE REQUIREMENTS updated 12/16/14 09:42 AM
Also, Digital Media and Marketing
Federal health care law requirements, creating a quick digital message, and the marriage of innovation with marketing are all highlighted within the latest “Problem? Solved!” column in Credit Union Digest!